Are you a client?
Sign in to view the full news archive.
Medishout has raised $9m (£6.6m) in a Series A funding round led by Heal Capital with participation from existing investors Nickleby Capital and Meridian Health Ventures (formerly KHP Ventures). It follows a £4.3m seed investment round in 2023.
Founded by Ash Kalraiya and Ali Bahsoun in 2013, Medishout has developed an app that aggregates hospital suppliers and helpdesks to provide a one-stop solution for staff to report and track operational issues. The app replaces siloed and ineffective approaches, which often involve multiple members of staff from different departments. By implementing streamlined workflows, the company can help improve hospital efficiency. This includes improved service levels, cost savings and a reduction in the number of elective operations cancelled for non-clinical reasons.
With the new funding, Medishout plans to accelerate its expansion across the UK and mainland Europe and explore opportunities in the USA. It will also strengthen its software and commercial teams to help advance product development and broaden its partnership arrangements.
Posted by: Dale Peters at 09:27
Tags:
nhs
funding
startup
healthcare